Yes, most quarters finish well above the hedge strike level.

Remember- what the fund is doing is basic.

Fund = own stocks
Fund wants to protect stocks

Fund buys a down 5% put (that's expensive!)
Fund sells a down 20% put to cheapen cost

Still expensive!

So the fund... (1/n)

https://twitter.com/Bern3000Bernie/status/2038261987516301530

...sells a call to make it even cheaper.

They aim for a zero-cost collar.

They can fix the strike- but that would make it vary in cost. When implied volatility is low, they would likely pay a meaningful net-premium for the structure.

So they fix the cost ($0) and vary the strike

So they are always hedged
with a structure like this:

Fund owns -20% / -5% Put Spread (for protection)
Fund is short the up ~4-5% Call (to fund protection)

The market trends UP over time.

It should not be surprising that we wind up near or at the Call strike, most quarters.

Is your laptop suddenly as slow as a snail and the fan is making a lot of noise every time you open Chrome?

Many people suggest switching to Edge or Brave. You don’t need to. You just need to change a few hidden settings.

I’ll show you how to stop Chrome from being a RAM vampire.

Here’s how:

(Save this later).

1. Why is Chrome so heavy?

Chrome separates each tab and extension into its own program.

Opening 10 tabs? It’s like opening 10 heavy applications simultaneously. Your laptop’s RAM will be eaten up instantly.

2. Turn on “Memory Saver”.

This is an official feature but one that’s often overlooked. Its function is to “sleep” tabs you’re not currently using.

This way, your RAM is forced to be freed up for active tabs only. Your laptop will breathe a sigh of relief.

@EricRWeinstein Sadly Eric you don't get it

As per the Brookings institute policy paper the path to Persia

Israel is to start the war
Take all the blame for the war
& The majority of Iranian retaliation

Zionists Israel, like the rest of the west is managed by Imperialist functionaries, who..

@EricRWeinstein Serve the interests of the Anglo American empire of the military industrial swamp complex.

Israel has been thrown under the bus to achieve total US hegemony over the middle east.

If Iran falls every middle Eastern state will be a US vassal, just like Europe.

The empire will...

@EricRWeinstein Have no more need for Israel, if Iran falls, it will have served its purpose, as a British empire creation and facilitated Anglo American Imperialist hegemony over the entire region.

Israel like Ukraine, like Europe are vassals all committing suicide in the service of empire.

I was going through Compaq parts, and decided to retr0brite some Compaq LTE 5000 keyboards! I always wondered how this would turn out, and, well... I think it did! Let's talk about it in a 🧵 here!

First, I'll cut right to the chase! You saw one keyboard in the opening post, here's the other! This second one didn't turn out "quite as good" (have a look at the "slash" key above the enter key... and the enter key is slightly marbled), but I felt it was good enough!

I was very lazy in my technique since this was just an experiment. I literally slathered 40 volume creme developer on the keys directly without removing them and put them in the bin for, say, 16 hours or so. I applied more creme once or twice during the day as well.

13 consumer categories in India that are either blowing up or about to-

1/ Pet care doubled from $1.8B to $3.6B in 4 years. projected $7.5B by 2028. supertails raised $20M+. Drools is at ₹40K Cr. but nobody's doing fresh pet food delivery (huge in the US via Ollie, Farmer's dog), pet insurance, or pet-friendly travel. The pets have moved from the balcony to the bed; they are dependents now

2/ Protein is no longer a gym thing. Amul launched protein lassi and buttermilk. McDonald's has protein slices. Haldiram's is testing protein namkeen. When legacy FMCG enters, it's escape velocity. @wholetruthfood is at ₹200Cr+ ARR. Yoga Bar got acquired by ITC.

the gap? affordable protein snacking at ₹30-50. everything is either ₹150 bars or ₹20 garbage.

3/ korean food in india went from ₹2Cr to ₹65Cr in 2 years. Buldak is a household name. Maggi and Top Ramen launched Korean variants. But it's 95% imports.

Nobody's building indian-manufactured, Korean-inspired snacking at indian price points. The demand is proven. The supply chain isn't.

🚨BREAKING: A former Google DeepMind researcher just leaked the internal Veo 3 prompting playbook.

No speculation. No guesswork. Direct from someone who built it.

You're wasting 90% of Veo 3's output with one common mistake.

Here are the 10 prompts they use that nobody outside Google knows about:

Prompt 1: The Scene Brief

Never start with the action.

Start with the world:

"Here's my scene: [setting, time of day, lighting, mood]. Here's who's in it: [character, clothing, expression]. Here's what's happening: [action, camera movement]. Here's what it sounds like: [dialogue, ambient audio, music]. Now generate this."

Internal testing showed this single change increases usable output by 3x.

Veo 3 needs the full picture before it can shoot.

AI video is one of the best (and fastest) ways to build real income as a creator 🎬

Not sure where to start?

Join Creatorslop! (it's free)👇 creatorslop.com

🚨 NotebookLM can extract information from any YouTube channel and create your content factory in minutes.

10 prompts to go from zero to a fully automated system:

90-Day Content Calendar

"Create a 90-day editorial calendar (1 main video per week). Use the pillars, hooks, and patterns identified previously. For each week, include: Catchy working title
Hook (the first two sentences)
Core idea (one line)
Belief being challenged
Clear CTA
Recommended format (Long-form, Short, Thread, etc.)
Present everything in a clear table format."

Repurposing Engine

"Select the 5 most powerful transcripts. For each, create a complete repurposing package: LinkedIn Post (<150 words)—direct, single powerful idea, results-focused.
X/Facebook thread starter formatted as 'Breaking News' (bold claim + urgency).
3 scripts for short videos (45–60 seconds)—hook + idea + CTA.
2 powerful email subject lines (<8 words).
Maintain the energy, tone, and rawness of the original. No softening."

Is this a Global Reset in Motion? What should traders do?

In this environment, success does not come from prediction but from readiness—the ability to react quickly, to harvest liquidity when markets dislocate and deploy capital when conditions realign.

OR

One can sideline and get ready once a new earnings cycle begins. The companies will guide you towards the upcoming structural environment.

Timestamp: 2026-03-28 | 14:12

There are periods in history when the world appears to move, yet nothing truly advances. Conversations take place, but they do not resolve anything. Conflicts continue, but they do not escalate decisively. Markets fluctuate, but do not commit to direction.

To the casual observer, this may look like indecision or randomness. In reality, it is something far more structured. It is a phase of compression—a condition where pressure accumulates beneath the surface, waiting for a release that has not yet been triggered.

We are currently living inside that compression.

Across the geopolitical landscape, the dominant tone is one of restrained tension. Nations are engaged, but not concluding. Alliances are shifting, but not formally realigning. There is a sense that decisions are being deferred rather than avoided, as though the system itself is holding back from making irreversible moves. Financial markets reflect this same hesitation. Price action lacks conviction, trends fail to extend, and liquidity flows in and out without anchoring into sustained positioning. Participants are active, but are not committed.

This environment is deceptive. It creates the illusion that risks are diminishing, when in fact they are being stored. Like a tightly wound spring, the system is absorbing energy. The longer this phase persists, the greater the eventual release tends to be.

What makes the current moment particularly significant is that this compression has a defined endpoint. Around the middle of April, specifically in the window between the 14th and the 17th, the underlying structure of the system shifts. This is not a gradual transition. It is a phase change—an abrupt movement from passive accumulation into active expression. The forces that have been building quietly begin to operate simultaneously, and when they do, the system no longer behaves in a linear or predictable manner.

At that point, leadership decisions, public sentiment, financial liquidity, and disruptive forces all converge in timing. Each of these elements plays a distinct role. Leadership defines direction, sentiment amplifies reaction, liquidity determines the scale of movement, and disruption introduces unpredictability. Individually, they influence outcomes. Together, they create ignition.

This is why the coming period cannot be understood through conventional labels like bullish or bearish. It is not primarily about direction. It is about transition. Specifically, the transition from a state in which instability is hidden to one in which it becomes visible and actionable.

In geopolitical terms, this transition tends to manifest as decisive movement. The current preference for negotiation and delay gives way to action. Developments that seemed unlikely or distant can emerge suddenly, not because they were unanticipated, but because they were unresolved for too long. A single decision, announcement, or event can shift expectations across regions almost instantly. The system, which previously absorbed tension, begins to release it.

This release often takes the form of what can best be described as shock events. These are not necessarily large-scale disruptions in isolation, but they are impactful because of their timing and interconnectedness. A cyber incident, an infrastructure failure, or an energy-related disruption can propagate rapidly through global systems, influencing markets, policy responses, and sentiment simultaneously. In such environments, cause and effect compress into a much shorter timeframe. Reactions follow events almost immediately, and secondary consequences emerge before primary ones are fully understood.

Financial markets respond to this shift in character. During compression, markets oscillate within uncertainty, unable to commit. During ignition, they reprice. This repricing is rarely smooth. It occurs in bursts, often driven by external catalysts rather than internal technical structures. Moves that would typically unfold over extended periods can occur within days, sometimes within hours. The defining characteristic is not the direction of the move, but the speed and magnitude with which it develops.

Energy markets are particularly sensitive to this dynamic. They operate on forward expectations of supply and disruption, making them highly responsive to geopolitical shifts. In the coming window, even the perception of instability may be sufficient to drive sharp upward repricing. These moves are often exaggerated initially, as markets rush to incorporate new risk, before stabilizing once clarity begins to emerge. This creates an environment where opportunity and volatility coexist, each amplifying the other.

I now mapped 350 (!) ukrainian 🇺🇦 long range drone strikes into russian 🇷🇺 occupied territory

🔹19 strikes against air-defense
🔹25 strikes against radar
🔹21 strikes against planes
🔹10 strikes against trains
🔹9 strikes against rocket/missile launchers

🧵THREAD🧵1/8 ⬇️

Thanks to the very good job done by @UAControlMap and @UkraineDailyUpd gathering data from geolocators like @99Dominik_ @moklasen @giK1893 and others...

I gathered all those long range strikes into occupied territory since the year started :

In total, 350 strikes, of which 260 strikes against warehouse, antennas, electric transformers and various unknown targets, a lot of which are houses and buildings that can eventually be filled with high value targets.

Patients who transform their health, both mentally and physically, share 5 traits.

Not genetics.
Not willpower.

Habits that change biology.

Here’s what they do differently:

Most people separate:

→ mental health
→ metabolic health

Therapy for the mind. Diets for the body.

That’s the mistake.

Your brain runs on the same biology as your body.

Fix the biology. The mind follows.

Metabolic dysfunction = poor energy conversion at a cellular level.

Roger Froikin @rlefraim wrote, "Language, Judaism, Torah

The importance of understanding in Hebrew

I am going to state this as clearly as possible.
1)

Trying to understand Torah, trying to interpret Torah, through the lens of any other language, through translations, and without an understanding of history and how history impacted the Jewish people throughout time, is categorically a mistake.
2)

Translations can be an aid. Reading the interpretations of others, if one considers when they wrote and the conditions under which they lived, can be an aid, but only Torah in the original Hebrew language, with an understanding of how Hebrew works and its metaphoric richness,
3)

There's a 10-year window between retiring early and Social Security.

No earned income. No RMDs. No reason to pay taxes on investment gains.

Most people don't build toward it. The tax code rewards those who do.

Here's how it works ↓

The U.S. tax code has a 0% long-term capital gains rate.

Not a loophole. Literal tax law.

In 2026, married couples may pay zero federal tax on long-term capital gains if income stays under $98,900.

Add the $32,200 standard deduction - up to $131,100 potentially tax-free.

That $131,100 breaks down like this:
- $32,200: standard deduction
- $98,900: 0% LTCG threshold

A couple drawing $131,100/year in long-term capital gains from a taxable brokerage could potentially owe zero federal income tax.